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NexPoint Residential Trust, Inc. Announces Quarterly Dividend

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NexPoint Residential Trust (NYSE: NXRT) has declared a quarterly dividend of $0.34125 per share, set to be paid on September 30, 2021. Stockholders of record by September 15, 2021 will receive this dividend, reflecting the company's ongoing commitment to return value to its investors. NXRT focuses on acquiring and operating multifamily properties in the Southeastern and Southwestern United States, emphasizing 'value-add' investment opportunities.

Positive
  • Dividend of $0.34125 per share enhances shareholder income.
  • Continued focus on acquiring value-add multifamily properties.
Negative
  • None.

DALLAS, July 27, 2021 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.34125 per share of NXRT common stock, payable on September 30, 2021 to stockholders of record on September 15, 2021.

About NexPoint Residential Trust, Inc.

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P. More information about NXRT is available at http://nxrt.nexpoint.com.

Contact: 
Jackie Graham
Investor Relations
833-463-6697
JGraham@nexpoint.com

Cision View original content:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-announces-quarterly-dividend-301341372.html

SOURCE NexPoint Residential Trust, Inc.

FAQ

What is the dividend amount for NXRT in 2021?

NexPoint Residential Trust announced a dividend of $0.34125 per share.

When will the NXRT dividend be paid?

The dividend will be paid on September 30, 2021.

Who will receive the NXRT dividend?

Stockholders of record by September 15, 2021, are eligible for the dividend.

What is NXRT focused on in its operations?

NexPoint Residential Trust primarily focuses on acquiring and operating middle-income multifamily properties with value-add potential.

NexPoint Residential Trust Inc

NYSE:NXRT

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979.70M
25.78M
12.6%
78.7%
1.1%
REIT - Residential
Real Estate Investment Trusts
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United States of America
DALLAS